The market size of white inorganic pigments was valued at USD 25.25 billion in 2022. It is projected to reach USD 38.76 billion by 2030, with a compound annual growth rate (CAGR) of 5.5% during the forecast period from 2023 to 2030.
White Inorganic Pigments Market Forecast play a crucial role in various industries, including paints and coatings, plastics, ceramics, and construction. These pigments are widely used for their ability to provide brightness, opacity, and durability to the end products.
The steady growth of the white inorganic pigments market can be attributed to several factors. Firstly, the increasing demand for high-quality paints and coatings in the construction and automotive sectors is driving the market growth. Additionally, the rising awareness regarding the benefits of using white inorganic pigments, such as their resistance to weathering and chemical reactions, is further fueling the market expansion.
Furthermore, the growing construction activities, especially in emerging economies, are expected to boost the demand for white inorganic pigments. The construction industry relies heavily on these pigments for applications such as architectural coatings, concrete, and roofing materials.
Geographically, the market for white inorganic pigments is witnessing significant growth in Asia Pacific, owing to the rapid industrialization and urbanization in countries like China and India. Moreover, the increasing disposable income and changing lifestyles of consumers in this region are driving the demand for aesthetically appealing products, thereby propelling the market growth.
In conclusion, the white inorganic pigments market is poised for substantial growth in the coming years. With the increasing demand from various industries and the expanding construction sector, the market is expected to reach USD 38.76 billion by 2030, growing at a CAGR of 5.5% from 2023 to 2030.
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Market Segmentation:
By Product Type
- Aluminium Silicate
- Calcium Silicate
- Calcium Carbonate
- Silica
- Titanium Dioxide
- Zinc Oxide
- Others
By Application
- Paints & Coatings
- Adhesives & Sealants
- Plastics
- Cosmetics
- Paper
- Inks
- Others
Key players:
KRONOS Worldwide Inc., The Chemours Chemical Company, Ferro Corporation, Sudarshan Chemical Industries Limited, BASF SE, Clariant International AG, Tronox Limited, LANXESS, CRISTAL, Sun Chemical Corporation.
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Table of Content
1. Introduction
2. Research Methodology
3. Market Dynamics
4. Impact Analysis
4.1 COVID-19 Impact Analysis
4.2 Impact of Ukraine- Russia war
4.3 Impact of ongoing Recession on Major Economies
5. Value Chain Analysis
6. Porter’s 5 forces model Textile Chemicals Market
7. PEST Analysis
8. Emulsion White Inorganic Pigments Market Forecast By Product Type
9.Emulsion White Inorganic Pigments Market Forecast By End Use Industry
10.Emulsion White Inorganic Pigments Market Forecast By Application
11.Regional Analysis
12. Company Profiles
13. Competitive Landscape
14. Conclusion
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